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North Nowra vs Turvey Park

Property investment comparison - North Nowra, NSW 2541 vs Turvey Park, NSW 2650

Head-to-head across core investment metrics: North Nowra wins 3, Turvey Park wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricNorth NowraTurvey Park
Median house price$780K$780K
Median unit price$460K-
Gross rental yield (houses)4.07%3.98%
Gross rental yield (units)5.29%3.54%
1-year house growth+8.3%+15.6%estimate
3-year house growth+10.2%-
Vacancy rate0.9%1.1%
Population5,8563,572

North Nowra vs Turvey Park: what the numbers say

Houses cost about the same in both suburbs: the median house price is $780K in North Nowra and $780K in Turvey Park.

On cash flow, North Nowra leads: houses there return a gross rental yield of 4.07%, compared with 3.98% in Turvey Park, a gap of 0.09 percentage points.

Over the past year house prices moved +8.3% in North Nowra and +15.6% in Turvey Park (an estimate), so recent momentum favours Turvey Park, although both suburbs recorded growth.

Rental vacancy is 0.9% in North Nowra and 1.1% in Turvey Park, so landlords in North Nowra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Nowra is the bigger suburb, with a population of 5,856 against 3,572, larger than Turvey Park; a larger suburb usually means a deeper pool of buyers and tenants.

In short: North Nowra for rental income, Turvey Park for recent price momentum, North Nowra for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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